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Iran: Rice imports exceed 700 thousand tons in 9 months

Rice
Iran
Published Jan 16, 2022

Tridge summary

EghtesadOnline: A total of 709,000 tons of rice were imported during the first nine months of the current fiscal year (March 21-Dec. 21), which shows order placements and imports are being carried out slower than usual, according to the secretary of Rice Importers Union.

Original content

“This year, some 500,000 tons of the imports came before the seasonal annual ban was implemented and the remaining 209,000 tons came after it was lifted on Nov. 8,” Masih Keshavarz also told IRNA on Monday.Every year and during the rice harvest season, the government bans rice imports in support of local farmers and domestic production. The ban usually begins in August and lasts until November.According to the official, Iran’s annual domestic demand stands at 3-3.2 million tons and every month the government needs to supply between 100,000 and 150,000 tons of the grain to the local market.“The larger part of this demand is produced locally. Yet, we need to import at least 1.4 million tons every year. The need increases during the second half of the year and especially when we approach the Iranian New Year,” he said.Last year, added the official, a total of 875,000 tons of rice were imported, registering a 47% decline compared with the previous year. “The reason for this decline ...
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